Equinor Shares Slump as Oil Rally Reverses on Talk of U.S.-Iran Deal
Equinor's stock tumbled 7.8% to 336.9 NOK, hitting a session low of 334.5 NOK, after a sharp reversal in crude oil prices following news that U.S. planned military strikes against Iran were suspended and that a potential deal to reopen the Strait of Hormuz could be imminent. The drop in Brent, combined with OPEC's trimmed 2026 demand growth forecas…